Author: NBTC

NBTC

NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

Morning Release from South Korea! Two New Altcoins Listed, Prices See Sharp Rise!

South Korea's largest cryptocurrency exchanges Upbit and Bithumb started the day with altcoin listings. At this point, Upbit announced that it will list Hyperlane (HYPER) and Babylon (BABY) sim altcoins, while Bithumb announced that it will list the altcoin named Hyperlane (HYPER). While Upbit announced that it will list HYPER on the KRW KRW trading pair and BABY on the BTC and USDT trading pairs, Bithumb stated that it will list HYPER only on the KRW trading pair. “On July 10, 2025, HYPER will be added to the KRW markets on Upbit. The listing for HYPER is planned on the…

ExchangesJul 12

Bitcoin price could hit $140k as institutional interest rises: MEXC COO

Macroeconomic uncertainty is causing institutions to rethink their positions, which is leading many to Bitcoin, says Tracy Jin. The increasingly turbulent macroeconomic environment is making companies rethink their investment strategies. However, this may be good for Bitcoin (BTC), as institutions flee from traditional types of assets. Tracy Jin, COO of the MEXC exchange, told crypto.news that increased institutional interest can potentially push Bitcoin’s price to $140,000. Jin noted that many corporations have pivoted sharply toward integrating Bitcoin into their portfolios. In particular, institutional capital is moving away from U.S. Treasurys, which no longer carry the safe-haven status they once held.…

BitcoinJul 12

Circle, One of the Largest Stablecoin Companies, Files Critical Bank Application in the US

Following its IPO earlier this month at a valuation of approximately $18 billion, U.S.-based stablecoin company Circle has taken another important step. The company has begun the formal process of obtaining a national trust bank license by applying to the U.S. Office of the Comptroller of the Currency (OCC). If approved, Circle will be able to provide custody of its own reserves and hold crypto assets on behalf of institutional clients, but unlike traditional banks, the license does not grant it the authority to take cash deposits or make loans. “Circle has long sought the highest levels of trust, transparency,…

MarketsJul 12

Memecoin PNUT Rips on Elon Musk’s Epstein Cue

‘Peanut’ the squirrel is dead, but the meme coin named after him is still mooning. A late-night post from technocrat Elon Musk slamming U.S. authorities for euthanizing the viral squirrel while failing to charge anyone from Jeffrey Epstein’s alleged client list preceded a volume and price spike, data shows, showing speculative fervor is alive and well in the market. (The "Epstein list" refers to high-profile individuals allegedly connected to Jeffrey Epstein’s sex trafficking network. No official, verified public list exists.) “Government is deeply broken,” Musk wrote. “They arrested (and killed) Peanut, but have not even tried to file charges against…

AltcoinsJul 12

SEC's Halt of ETF Holding XRP and Solana Has Investors 'Suffering Harm', Grayscale Says

Grayscale has challenged the U.S. Security and Exchange Commission’s move to pause the debut of its exchange-traded fund that holds Bitcoin, Ethereum, Solana, XRP, and Cardano, alleging its investors are “suffering harm” as a result of the hold-up. In a letter dated July 8, the asset manager urged the Securities Commission to allow its Digital Large Cap Fund to begin trading. Grayscale added that it may file a petition to force the regulator to allow its fund to begin trading as soon as possible. “The Exchange and the Fund’s current investors are suffering harm as a result of the delay…

RegulationJul 12

The winners and losers of Phantom’s Hyperliquid integration

This is a segment from the 0xResearch newsletter. To read full editions, subscribe. Phantom wallet announced yesterday that it was integrating Hyperliquid perps right into its wallet interface. Loading Tweet.. This is surprising, mainly because Phantom is Solana’s marquee wallet and far ahead of competing wallets like Solflare or Backpack, with 15 million monthly active users (MAUs). If Phantom wanted a cut of the perps market, I suppose one would’ve naively expected it to partner up first with a native Solana perps DEX like Drift or Jupiter. But though Drift or Jupiter might be hometown favorites, Hyperliquid is where the…

ExchangesJul 12

$878,917,974 Bitcoin Stun Largest US Crypto Exchange, Coinbase

Prominent blockchain sleuth Whale Alert, which tracks large cryptocurrency transfers and shares the details of them on its X account and its own website, has reported that a major Bitcoin transaction has arrived on major U.S. exchange (and the largest in trading volume), Coinbase. To be more precise, it was its branch working with institutional clients — Coinbase Institutional. The transfer carried 619 Bitcoins valued at $68,110,766 at the time of the initiated transaction. 🚨 🚨 🚨 619 #BTC (68,110,766 USD) transferred from unknown wallet to Coinbase Institutionalhttps://t.co/OVCNWOAZhQ — Whale Alert (@whale_alert) May 26, 2025 Now that Bitcoin has lost…

BitcoinJul 12

Goldman Sachs Changes Its Forecast for When the US Will Cut Interest Rates – Here’s the New Date

Goldman Sachs has brought forward its Fed interest rate cut forecast. The bank, which previously expected the rate cut to begin in December, may now begin in September, stressed that the inflationary effects of customs duties appearing to be “more limited than expected” were influential in this decision. “While this is still unclear, we think the probability of a September rate cut is above 50%. This could be driven by the effects of weaker tariffs, larger disinflationary cushions and either a genuinely softening labor market or fears of monthly volatility,” the economic team led by Goldman Sachs Chief Economist Jan…

MarketsJul 12

Aptos RWA TVL Soars 55% to Surpass Stellar, Now 3rd Behind Ethereum & zkSync

Institutional adoption for Aptos RWA is accelerating, with on-chain holdings including $420M in private credit, $86.93M in U.S. Treasuries, and $30.72M in alternative funds. Aptos is scheduled to unlock 11.31 million APT tokens (~$49.5M) on July 12, which may impact near-term price action. The Aptos Network is becoming a go-to preferred choice for real-world asset (RWA) tokenization, as the latest data shows that the total value locked (TVL) in RWAs, surged by a massive 56.28% in the last 30 days to $538 million. This highlights strong adoption while placing Aptos as the third-largest RWA network by TVL, trailing only behind…

AltcoinsJul 12

Grayscale Sends Special Letter to SEC Regarding XRP, Solana, and Cardano ETFs – Here’s What It Says

Cryptocurrency asset manager Grayscale has appealed the US Securities and Exchange Commission's (SEC) decision to halt its exchange-traded fund (ETF) containing XRP, Solana, Bitcoin, Ethereum, and Cardano. The company stated that this delay was harming its investors and called on the regulator to open the fund for trading as soon as possible. Grayscale's official letter to the SEC stated, “The exchange and the fund's existing investors are being harmed by the delay in the fund's commencement of public trading.” Grayscale also stated that it may pursue legal action if necessary to force the fund to commence trading. The SEC approved…

RegulationJul 12